News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Tether to Wind Down Alloy Project and aUSDT Token
Tether has announced the phased closure of its Alloy project and the aUSDT token, citing a shift in user activity and market demand.
Mercation Admin1 min - News
Michigan Judge Declares Sports Prediction Markets Exempt from CFTC Regulation
A Michigan federal judge ruled that sports prediction markets are not regulated by the CFTC, siding with state regulators over Polymarket's operations.
Mercation Admin2 min - Crypto
Kentucky's Legal Action Against Prediction Markets Contradicts Trump's Stance
Kentucky's attorney general has filed lawsuits against Kalshi and Polymarket for allegedly operating illegal sports betting, challenging Trump's stance on prediction markets.
Mercation Admin5 min - News
Nvidia Develops Self-Training Robots Using AI Coding Agents
Nvidia, in collaboration with Carnegie Mellon and UC Berkeley, has unveiled ENPIRE, a framework that allows AI coding agents to autonomously train robots without human oversight.
Mercation Admin4 min - Crypto
Coinbase's Strategy to Navigate the Crypto Downturn by Reducing Dependence on Trading Fees
Coinbase is shifting its strategy to reduce its dependence on trading fees by expanding into derivatives, payments, and AI, aiming for a more stable revenue model.
Mercation Admin5 min - Crypto
Satori Finance, Backed by Coinbase, Will Shut Down Next Month
Satori Finance, a perpetual futures exchange backed by Coinbase, is shutting down due to financial difficulties caused by the ongoing crypto market downturn.
Mercation Admin2 min - News
Illinois Introduces Tax on Bitcoin and Crypto Transactions Amid Criticism
Illinois is set to implement a 0.2% tax on cryptocurrency transactions starting in 2027, which critics have called the "most punitive digital asset tax" in the U.S.
Mercation Admin2 min - News
Florida's 'Bitcoin Rodney' Admits Guilt in $1.8 Billion Crypto Fraud Case
Rodney Burton, known as 'Bitcoin Rodney,' has pleaded guilty to his role in a $1.8 billion cryptocurrency fraud scheme, potentially facing five years in prison.
Mercation Admin2 min - Crypto
Crypto's Security Challenges Require More Than Just Audits
The cryptocurrency industry is facing ongoing security issues that traditional audits alone cannot resolve, prompting calls for a comprehensive update of security practices.
Mercation Admin5 min - Crypto
Coinbase Aims to be an 'Everything Exchange' by Adding Stocks, Perpetuals, and AI Features
Coinbase aims to transform into an 'everything exchange' by launching new products such as stocks, perpetual contracts, and AI tools.
Mercation Admin5 min - Macro
China's Central Bank Calls for Monitoring Stablecoins' Role in Payments
The People's Bank of China emphasizes the need to monitor stablecoins' influence on international payments and calls for improved payment infrastructure.
Mercation Admin2 min - News
US Gambling Industry Opposes Sports Prediction Markets
US gambling associations are calling for a ban on sports prediction markets, claiming they expand gambling without proper approval and circumvent regulations.
Mercation Admin1 min